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winning a second term. sources are telling fox news the top of tomorrow will be the economy and the so-called fiscal cliff. that is what economists are calling the combination of tax hikes and spending cuts that are set to kick in at the end of the year. just today, the congressional budget office warned we could be in for another recession if we go, well, over that cliff. it's up to congress to pass a bill to prevent that. today, the house speaker john boehner told diane sawyer on abc that tax increases cannot be part of a deal. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it could pass the senate. >> shepard: speaker boehner says is he willing to talk about the president's proposals. ed henry is live at the white house for us tonight. ed, what are we expecting to hear from the president tomorrow? >> we are told that he is going to speak really for the first time substantively since the election and that post election party tomorrow about 1:00 p.m. eastern here at the white house. is he going to talk about the economy broadly but sp
of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> shep: i'm shepard smith. this is the fox report. it's the bottom of the hour. time for the top of thedrums ofn israel. the israelis preparing for what may become a ground invasion in gaza as fighters on both sides continue exchanging fire today. the situation in this volatile corner of the world growing more fragile by the hour. already there have been innocent victims on both sides. a rocket killed three people today when it slammed into their apartment building in the south of israel. in the gaza, officials say the violence killed eight civilians, including four children. and a woman who was pregnant with twins. that number has grown to 16. a u.s. state department spokesman puts the blame squarely on the military leadership of hamas. >> it claims the have the best interest of the palestinian
. we know it will hurt the economy and we know it will destroy jobs. >> shepard: well, the president says the election proved most voters are on his side of this battle. but republicans point out americans also voted to let the g.o.p. keep control of the house. so the districts are well -- anyway, wendell goler is live at the white house tonight. wendell, the two sides are still stuck on the same thing that killed this deal last year. >> groundhog day, shepard. once again, at an impasse over taxes. the president had opened his re-election would give him a mandate for what he calls a balanced approach to dealing with the deficit. republicans are saying just gave him more time to reach a compromise. the white house says reducing the deficit only through spending cuts would mean the poor and the middle class would pick up the bill. the union leaders that mr. obama met with here at the white house today say that weren't invited to. for a press secretary jay carney says it's only not fair it's not smart. >> the president is clear he will not extend, he will not sign a bill that extends th
: a top ratings agency today warning about the u.s. economy. >> yeah. this is from fitch. one of the companies that tells investors how safe it is to lend money to governments. in a statement, the ratings agency washes the newly reelected u.s. president barack obama will need to quickly secure agreement on avoiding the fiscal cliff and raising the debt ceiling following tuesday's elections. fitch says that without that, and a deal to get the country's finances in order, the company will likely downgrade their u.s. credit rating, shep. >> shepard: it's widely believed they will come up with something for at least the short-term. if they don't, what happens to which parts of the economy? >> well, it's broad-based. and because of it analysts first alert forecast another recession if washington fails to figure this one out. taxes would increase on investors and basically anyone who pays taxes. and especially those who use itemized deductions like interest on their home mortgage. doctors who treat medicare patients would get a significant pay cut and a wide range of companies that
your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. hairs haters president obama and house speaker john boehner say they are ready to work together to keep the country from plunging off the so-called fiscal cliff. economists say the combination of tax hikes and spending cuts set to kick in at the end of the year could trigger another recession and higher unemployment. the president saying he has invited leaders of both parties to the white house next week to try to work out a deal. but he and the speaker still are sticking to their guns when it comes to it raising taxes on the richest americans. >> i'm not going to ask students and seniors and middle class families to pay down the entire deficit while people, like me, making over $250,000 aren't asked to pay a dime more in taxes. >> the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. raising tax rates will slow down our ability to create the jobs t
. roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. introducing the new droid razr maxx hd by motorola. now more than ever droid does. "ever ask somebody to lend you a foot?" "who thinks about stuff like that?" "vince mahe grew up on two continents... and noticed that wherever you go, people have their hands full, but their feet free." "the result? a liftgate you operate with your foot." "code name?" "open sesame" "the all new twenty thirteen ford escape. it's what happens when you go further." the israeli government warned of a possible, get this, ground attack in the gaza. hamas, which the u.s. and israel consider a terror organization initially -- essentially runs the gaza strip, the palestinian militants there have already begun retal
Search Results 0 to 13 of about 14 (some duplicates have been removed)